Currency Pair Units Calculator
Calculate the maximum number of units of a currency pair you could trade with your available margin. Find out about margin and margin calls.
Units Available Calculator
How to Use This Tool
- Choose your primary account currency.
(The tool will calculate the number of units for this currency.) - Select the currency pair from the list.
(Its current exchange rate appears in the field below.) - Select your margin ratio from the list. Find out about margin and margin calls.
- Type your current margin.
(This is the Margin Available value in the Account Summary when you log in to the fxTrade or fxTrade Practice platform.) - Use the Calculate button. The maximum number of units you can trade for the currency pair you chose is shown below this button.
- You can compare other values. Just change any value to see the updated results.
How This Tool Works
This calculation uses the following formula:
Margin Available * (margin ratio) / ({BASE}/{HOME Currency} Exchange Rate)
For example, suppose:
Home Currency: USD
Currency Pair: GBP/CHF
Margin Available: 100
Margin Ratio : 20:1
Base / Home Currency: GBP/USD = 1.584
Then,
Units = (100 * 20) / 1.584
Units = 1262